The KRA is counted the age on the registration month.
So, if the car is year 2005, the customer of Kenya prefer early month model like JAN to JUN in this month (May). The 7-8years old is quoted as 70% depreciation from CRSP list.
Even if the car is 2005, the later month will be counted as 6-7 years old and depreciation will be 60%. So, almost customer is just gathering to early month. However, for the reason of congestion, the price of early month is higher than later and new car. It kinds of strange phenomenon is occurring on this situation.
So, if the car is year 2005, the customer of Kenya prefer early month model like JAN to JUN in this month (May). The 7-8years old is quoted as 70% depreciation from CRSP list.
Even if the car is 2005, the later month will be counted as 6-7 years old and depreciation will be 60%. So, almost customer is just gathering to early month. However, for the reason of congestion, the price of early month is higher than later and new car. It kinds of strange phenomenon is occurring on this situation.
